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ENVIRONMENT: PACIFIC FUTURE ENERGY IS COMMITTED TO DOING THINGS THE RIGHT WAY IN NORTHERN B.C. — VANCOUVER SUN

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It’s quite an environmental claim: “The world’s cleanest, greenest, bitumen-to-fuels refinery.”

But this is our commitment at Pacific Future Energy Corporation, as we develop our plans to build this refinery in northwestern B.C.

We will do so through advanced technology and expertise, with the cleanest power, the highest amount of water recycling and treatment, the maximum recovery of CO2, and the smallest environmental footprint.

And we will do so through a serious commitment to “doing the right thing” as we add value, open up badly needed market access for Canada’s oil products, create and preserve jobs and income in Western Canada, protect B.C.’s coastal waters from large crude-oil tankers, while recognizing and respecting First Nations rights and title.

This week, we at Pacific Future Energy submitted our “Project Description” to federal and provincial regulators to start a public conversation about our project. This will begin a review process that could last up to two years.

If approved, construction could begin in 2018 and production in 2021, at a site between Terrace and Kitimat. We will produce primarily diesel, gasoline and jet fuel.

Our task: to earn public support over the next two years for building our economic future and protecting our coast by building this refinery.

Our Principles: One of Pacific Future Energy’s fundamental principles is that First Nations are a first order of government. PFEC recognizes and will respect the new industry standard of placing “First Nations First.” We will proceed with our Project if we are welcomed and supported.

We know that we must gain the free, prior and informed consent from First Nations who are the titleholders affected by this Project. PFEC is in full support of the UN Declaration on the Rights of Indigenous Peoples. This is reflected in PFEC’s commitment to directly engage Indigenous communities, including their families and citizens.

This requires going beyond simply upholding the current legal requirements, to establishing meaningful relationships and in some cases, partnerships with the First Nation governing bodies and their business and administrative bodies.

So why an oil refinery? Aren’t today’s oil prices unbelievably low? And doesn’t the UN Paris conference on climate change mean we are going to phase out fossil fuels? Why, then, is Pacific Future energy banking on a future strong enough to warrant a $14-billion investment in a new oil refinery in B.C.?

The UN Paris conference made it clear that innovative solutions will be required for the world to achieve its goal of limiting temperature change to 1.5 degrees from pre-industrial levels.

We believe that our “Near Zero Net Carbon Emissions” facility will be one of those innovative solutions, given that it will significantly reduce the over-all carbon impact of the upstream feedstock we will be refining.

And the long-range picture is of future demand for our key products, especially in Asia. All serious predictions are that diesel and gasoline will continue for some decades to be the main transportation fuels, as will jet fuel for aircraft. Ours will be a viable business.

The challenges are these: Can we produce cleaner fuels? And can we do so in a much, much cleaner way? We can indeed.

  • We will achieve “Near Zero Net Carbon” emissions status, thanks to new technology.
  • Our refinery will be powered by clean-energy sources that include biomass wood waste from B.C. sawmills.
  • Our diesel and gasoline fuels will meet “Euro VI” standards, fitting all world markets, and cleaner than current government standards in Canada and the U.S.
  • Our refinery will prevent bitumen from being processed in other refineries or locations where greenhouse-gas emissions are considerably higher and environmental standards are lower.
  • It will also produce no coke — meaning a dramatic reduction in emissions from eventual use of that product.

On top of all that, it will protect B.C.’s coast from the risks presented by large tankers carrying diluted bitumen or heavy crude oil. The ships carrying our products to Asia will be smaller, and their cargoes will mean vastly less environmental risk.

We do not require a pipeline. We’ll bring in non-dangerous, near-solid “neatbit” by train. It is stable, essentially inert during transportation, and cannot explode. It is so safe railcars do not have to carry warning signs.

In the end, Industry will not gain market access through British Columbia unless it is prepared to commit to the highest environmental standards. It must also be prepared to commit to the principle that B.C. should receive its “fair share” of fiscal and economic benefits associated with gaining market access. PFEC does not see these as burdens, but as opportunities for everyone.

All these points — and our commitment to “doing the right thing” — add up to the world’s cleanest, greenest oil refinery for British Columbia’s west coast.

Robert Delamar is CEO of Pacific Future Energy.

 

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First Nation takes wait and see approach to northwest B.C. refinery plans — TERRACE HERALD

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A recent proposal for a project to ship refined petroleum products off the North Coast has come out ahead of the game compared to others, says a First Nations leader whose traditional territory takes in the proposed site.

“They seem to have it way more together,” said Kitselas chief councillor Joe Bevan, in comparing the Pacific Future Energy refinery project to previous proposals he’s seen cross his table such as the Kitimat Clean refinery plan and the Enbridge Northern Gateway project which ship unrefined crude offshore.

Like the Kitimat Clean proposed refinery, Pacific Future Energy would be a massive facility to process tar sands bitumen into a refined product and shipped by tanker to Asia from a terminal in Kitimat in what a company press release says would be small tankers.

Both have tagged the provincial Crown land Dubose Flats area between Kitimat and Terrace, which is within Kitselas First Nation traditional territory, as a location.

Each would then have a pipeline network to pump final products to export terminals with the one for Pacific Future being potentially located on Portland Inlet.

And like the Kitimat Clean proposal, Pacific Future Energy plans to forgo both pipeline and traditional petroleum rail transport by moving a very dense form of undiluted bitumen that has the “consistency similar to peanut butter” and thus would be less likely to spread were an accident to happen en route, according to a Pacific Future Energy release.

Pacific Future Energy, whose board of directors includes former federal international trade minister Stockwell Day, is planning a refinery which would produce up to 160,000 barrels a day of diesel, 40,000 barrels a day of gasoline, 13,000 a day of kerosene, and 10,000 a day of liquefied petroleum gas or propane. Butane would also be produced.

The company says it would need 3,500 people for construction and 1,000 for operations.

Pacific Future says the construction could potentially begin in 2018 with a 2021 production start date. It’s valued at approximately $15 billion.

Billed as a green, the oil refinery would also be powered by waste wood generation using local wood products and have tight emissions controls.

Bevan said Pacific Future Energy first approached his First Nation a year ago, and submitted a detailed project proposal just before Christmas which Bevan said will take about a year for his lands and environmental team to review before any decision might be made support the project.

A recent B.C. Supreme Court ruling related to the Enbridge Northern Gateway project, which has been approved by the federal National Energy Board subject to more than 200 conditions, stated the provincial government failed to sufficiently consulted with First Nations through its participation in an environmental review of the project.

“We have been engaging with them for just over six months,” said Bevan of his meetings with Pacific Future Energy. “Right now we are in the midst of that review. Like I always say, let’s just work our way through the review and make our comments and concerns be known.”

As for Kitimat Clean, Bevan said the owner of that company, David Black (who is also the owner of Black Press which publishes The Terrace Standard and other northwestern B.C. newspapers) did not have an adequate project plan for them to review when their support was requested several times over the last few years.

“He was interested in that site as well, but there was a lack of engagement with ourselves and lack of following processes,” said Bevan of the Kitimat Clean plan.

Black is now eyeing another potential location closer to Kitimat which is within Haisla traditional territory.

The two refinery proposals come at a time when the new federal government has begun deliberating on how it would follow through on a 2015 election promise to ban crude oil-carrying tankers from the north coast.

Bevan, who was at a meeting this week in Prince Rupert called by federal transport minister Marc Garneau to discuss how that ban would be put in place, said he’s waiting for details on the shape of the moratorium.

He added that transporting the “neatbit”, which is the term for a dense form of bitumen which would be transported by rail, would be a challenge.

“It’s shipping bitumen by rail. It comes in as a solid and they heat it up and liquefy it and then drop it off, and I am just like wow, I’ve never heard that before…,” said Bevan.

He also questioned the kind of system that would be needed to transport bitumen-laden rail cars on CN’s line south toward the Dubose area.

Kitimat-Stikine regional district director Jessica McCallum Miller, who represents the area containing the proposed refineries, said she would support any decision made by the Kitselas regarding the proposals.

“From my understanding, a lot of residents, myself included, see Canada’s long term prosperity and future enveloped more so in sustainable energy efficiency,” she added.

In a statement released yesterday, Kitimat Clean’s Black said he’s close to filing an environmental description of his multi-billion project with federal and provincial authorities.

Black said the promise by the federal government to ban crude oil tankers from the North Coast “reinforces the advantage of putting in a refinery and keeping oil out of tankers.”

The list of Pacific Future Energy executives includes executive chairman Samer Salameh who is also the chief executive officer of the multi-billion dollar Mexican industrial conglomerate Grupo Salinas.

Also on the list is Shawn Atleo, a former head of the national Assembly of First Nations.

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Pacific Future Energy begins public conversation about its plans to build world’s greenest refinery

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Pacific Future Energy now has submitted its formal proposal to build and operate the world’s greenest bitumen-to-fuels refinery in northwestern BC to local First Nations governments as well as to federal and provincial regulators.

“This is the start of our public conversation as we work to build our economic future and protect our coast in Northern BC, while recognizing and respecting First Nations rights and title,” said Samer Salameh, executive chairman of Vancouver-based Pacific Future Energy.

The project would receive near-solid neatbit™ bitumen by rail from Western Canada and refine it into diesel, gasoline, and other products for export to world markets.

Unlike diluted bitumen (dilbit) traditionally shipped by pipeline or rail, neatbit™ has a consistency similar to peanut butter. It is stable, has low flammability and is classified as non-dangerous for transport.

“Not only would our proposal provide a value-added way to get Canadian oil to growing world markets, but it would also protect both Canada’s land and marine environments from the effects of a heavy oil or bitumen spill,” said Robert Delamar, CEO of Pacific Future Energy.

“Our plan would take full advantage of the opportunity for Canada by building a ‘near net zero carbon emissions’ refinery with the world’s most advanced technology. That will ensure an environmentally superior refinery that is also financially and economically sound.”

Jacques Benoit, chief operating officer of Pacific Future Energy, said: “The project will allow export of refined products instead of diluted bitumen or other unrefined heavy-oil products. Transported in smaller tankers, refined products greatly reduce the risk to the marine environment in the unlikely event of a spill.”

The project is proposed for an area known as the Dubose Flats, approximately 30 km south of Terrace BC.

“We are engaging with First Nations in the project area in every step of this process, recognizing them as a First Order of Government and honouring the UN Declaration on the Rights of Indigenous Peoples,” said Salameh.

“Engaging with First Nations as a first order of government, with the goal of operating as full partners, is a crucial element of Pacific Future Energy’s plans.  PFEC recognizes and will respect the new industry standard of placing First Nations First.”

The project is valued at approximately $15 billion CAD and will create an estimated 3,500 direct jobs in construction and 1,000 in operation.

Pacific Future Energy plans to power the refinery with clean-energy sources that include biomass wood-waste from the regional forest industry. This, it says, could benefit BC’s forest sector and create additional employment.

Pacific Future Energy now begins working with First Nations, the Canadian Environmental Assessment Agency and the BC Environmental Assessment Office on project requirements that include public consultations, environmental assessment and engineering studies.

“We will be listening very carefully to all of the feedback that we receive and will incorporate community concerns and values in our project’s design,” added Delamar. “We believe that social licence or permission must be earned at the concept stage of this project as well as throughout its lifecycle.”

Construction could begin in 2018 and production in 2021.

The full Project Description document submitted to regulators is online at: http://www.pacificfutureenergy.com/project-description

 


 

About Pacific Future Energy (http://www.pacificfutureenergy.com/)

Vancouver-based Pacific Future Energy is a Canadian-controlled company that has been developed to finance, design and construct the world’s greenest oil refinery in British Columbia, in partnership with First Nations. Its goals include creating jobs and economic stability at home, diversifying Canada’s oil industry and protecting BC’s coast from large oil tankers.

TECHNICAL BACKGROUNDER

Facts and figures from Pacific Future Energy:

  • Pacific Future Energy is committed to building a refinery with the lowest CO2 emissions possible, working to achieve low carbon intensity and Near Zero Net Carbon emissions. Key features include:
    • Use of the best available technology and the highest possible operational efficiency to process Canadian resources;
    • The highest amount of water recycling and treatment;
    • Maximum recovery of carbon dioxide;
    • The use of clean energy to power the refinery, including the use of wood-waste biomass;
    • Capturing carbon from various processes.
  • Pacific Future Energy’s refinery will eliminate the production of coke, which is a common by-product of oil refining. Coke is a significant source of greenhouse gas emissions and will not be produced by this refinery.
  • The refinery could produce up to 160,000 barrels a day of diesel, 40,000 barrels a day of gasoline, 13,000 a day of kerosene (jet fuel) and 10,000 a day of LPG (liquefied petroleum gas, or propane). Butane will also be produced.
  • The refinery would be built in large pre-fabricated modules, brought in by ship from Asia, then hauled by truck to the site, and assembled there.
  • The use of biomass could help revive sawmills in the region. More than a dozen sawmills have closed in recent years; a key problem being inability to get rid of waste wood and biomass. There could be at least a million tonnes of wood waste in the region. That could produce power for the refinery and allow mills to re-open.
  • Pacific Future Energy anticipates four trains per day to supply needed neatbit™ for the project, with each train approximately 120 cars in length
  • Pacific Future Energy will mandate the use of newer, safety TC-117 model tanker cars with enhanced safety features.

Alberta firm helps BC toward world’s greenest refinery

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Formation Liquids Logistics Limited, based in Red Deer, Alberta, and a leader in energy logistics, has announced its intention to invest in Pacific Future Energy’s proposal to build the world’s greenest bitumen-to-fuels refinery in British Columbia.

Pacific Future Energy Corporation (PFEC) has submitted its proposal to federal and provincial regulators. This began a review process that could last up to two years.
Construction could begin in 2018 and production in 2021, at a site between Terrace and Kitimat in northwestern BC. The project will cost an estimated $15 billion.

Formation Liquids Logistics (FLLL) has 28 years experience in the product-by-rail industry. It will help feed PFEC’s refinery with Western Canadian “neatbit” by rail. Neatbit is bitumen in a safe and near-solid form. From it, the refinery will produce diesel, gasoline, and jet fuel.

PFEC will open up new market access for Canada’s oil products and protect BC’s coastal waters from large crude-oil tankers, says Robert Delamar, CEO of the Vancouver-based company.

“We are proud that Marvin and Brandt Trimble of FLLL have chosen to invest in our vision to build the world’s greenest refinery,” said Delamar. “They are leaders in their field. FLLL will become the primary operator of our proposed rail facilities, and we couldn’t be happier to work with a firm that shares our values, and holds an unimpeachable record with respect to the safe transport of bitumen on rail.”

Marvin Trimble, president of FLLL, said: “FLLL has worked with most of the major producers in Western Canada and supports PFEC’s vision to open new markets in Asia for products from Canadian bitumen.  We have a strong record of providing better-than-pipeline economics to the oil industry in Western Canada, and we are confident that our facilities will be able to deliver to PFEC a steady supply of feedstock in a safe and environmentally optimal fashion.”

As both PFEC and FLLL are private companies, the terms of the financing are not being disclosed at this time.


 

SUPPORTERS OF PACIFIC FUTURE’S PROPOSED B.C. REFINERY BACK SOLID BITUMEN – Globe and Mail

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Backers of a proposed B.C. refinery want to transport Alberta bitumen in solid form inside tank cars along Canadian National Railway Co.’s existing lines and convert the substance into diesel and gasoline at a site north of Kitimat.

Pacific Future Energy Corp. executives, who are seeking to export refined petroleum products to Asia, say the bitumen will be in a form that resembles peanut butter in a refrigerator. The substance, called “neatbit,” would be ideal to transport by rail and poses much less risk to the environment than diluting the bitumen into molasses-like “dilbit,” the executives say.

“Neatbit is a near-solid that has the consistency of peanut butter and does not flow unless heated,” Pacific Future Energy said in a 120-page project description prepared for the B.C. Environmental Assessment Office and Canadian Environmental Assessment Agency. “It has very low flammability. As a result, it is exempt from Transport Canada’s Transportation of Dangerous Goods Regulations and can be transported safely by rail car.”

Pacific Future Energy has selected an 850-hectare site to construct the $11-billion (U.S.) bitumen refinery, choosing the Dubose Flats industrial site after eliminating options near Prince Rupert. The backers will need to negotiate permission to use the provincial Crown land, midway between Terrace and Kitimat. That land is under the legal jurisdiction of the B.C. government and is part of the traditional aboriginal territory of the Kitselas and Haisla.

Three or four trains, each with 120 railcars filled with neatbit, are anticipated to run daily on CN’s rail lines, according to Pacific Future Energy’s filing to environmental regulators. The Vancouver-based energy company commissioned engineering firm SNC-Lavalin Group Inc. to prepare the report.

The report by SNC-Lavalin said construction is slated to start in 2018 at the Dubose Flats site, 30 kilometres north of Kitimat. About 3,500 construction jobs are forecast over a two-year period, and 1,000 full-time refinery positions.

“The main components of the project will include a new bitumen oil refinery constructed from about 26 modules that will be manufactured and shipped via heavy-lift vessels or barges from Asia,” it said.

The goal is to begin exports as early as 2021, though it would likely take until 2024 to process 200,000 barrels a day of bitumen and achieve full production of diesel, gasoline, jet fuel and butane.

Plans call for huge refinery modules to arrive in Canada via Douglas Channel. But Pacific Future Energy would enlist other firms and First Nations to build two pipelines to an export site along Portland Inlet, roughly 120 kilometres northwest of Kitimat.

“Early third-party studies suggest a marine terminal could be situated along the Portland Inlet, in the event such a development were to secure the support of a host First Nation,” the report said. An estimated $1-billion will be needed to construct the two pipelines and another $1-billion for the Portland Inlet export terminal.

The refinery would incorporate cleaner technology, including using wood-waste biomass to help generate electricity. During the production process, petroleum coke would be eliminated as a byproduct. The goal is to keep emissions of carbon dioxide to a minimum.

Pacific Future Energy’s team includes executive chairman Samer Salameh, chief executive officer Robert Delamar, chief operating officer Jacques Benoît, chief strategy officer Mark Marissen and chief financial officer Jeremy Friesen. Other key figures include former international trade minister Stockwell Day and two prominent aboriginal advisers, Shawn Atleo and Ovide Mercredi.

A-in-Chut Business Group, jointly owned by Mr. Atleo, has formed a joint venture with SNC-Lavalin to become the refinery project’s leading investors.

The regulatory filing comes as Kinder Morgan Canada’s proposed expansion of its Trans Mountain oil pipeline from the Edmonton area to Burnaby faces community and environmental opposition while Enbridge Inc.’s Northern Gateway pipeline proposal remains stalled.

Pacific Future Energy is seeking to gain an edge over rival plans, notably one touted by newspaper publisher David Black, who is hoping to forge ahead with his competing Kitimat Clean refinery venture on the Dubose Flats site. Another proposal, Eagle Spirit Energy, is striving to upgrade bitumen either in Alberta or northeast B.C. before piping the material to the West Coast for export.

Follow Brent Jang on Twitter: @brentcjang

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PACIFIC FUTURE ENERGY, SNC-LAVALIN AND A-IN-CHUT BUSINESS GROUP ANNOUNCE PARTNERSHIP

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JULY 31, 2015, VANCOUVER — Pacific Future Energy Corporation (PFEC), SNC-Lavalin (TSX: SNC) and A-in-Chut Business Group (ABG) are pleased to announce a partnership based on SNC-Lavalin’s investment in a First Nations joint special purpose vehicle, controlled by ABG, to assist in pre-engineering work, building and supporting First Nations partnerships, and to support the permitting process to build the world’s greenest refinery on Canada’s west coast.

“PFEC’s goal is to provide access to the Asian market for Canada’s bitumen, while protecting British Columbia’s Pacific coast, by building the world’s greenest refinery, in full partnership with First Nations,” said Robert Delamar, Chief Executive Officer. “We also believe that community support must be earned before – not after — finalizing our plans. For one of Canada’s oldest engineering firms to agree with this approach and work with A-in-Chut Business Group to invest in this development process is a strong vote of confidence.”

“SNC-Lavalin is very pleased to be a part of a project that will contribute to the important imperative of bringing Canadian resources to markets and produce one of the most energy efficient refineries ever built,” said Robert G. Card, President and Chief Executive Officer, SNC-Lavalin. “We are proud to be associated with PFEC and together with our First Nations partners, advance the project. This project will help open up Asian markets for Canada’s energy sector, while building key infrastructure on Canada’s west coast.”

PFEC’s refinery will be a “near zero net carbon emissions” (NZNC) export refinery, processing bitumen to fully refined products such as diesel, gasoline and jet fuel, destined for Asian markets.

“This refinery will be transformative and innovative in both the approach and the technology. First and foremost, we recognize and respect the role of First Nations partners and their rights and title in resource development. We will work in full partnership with our First Nations partners, as Nations, to build a responsible, sustainable project that includes our collective values and our interests,” said Mike Bonshor, President of A-in-Chut Business Group.

PFEC has committed from the beginning, and every step of the way, to build full partnerships with First Nations to ensure that we all benefit from traditional and ecological knowledge, while respecting their rights to full consultation and accommodation, all with the goal of shared prosperity and health for future generations.

About Pacific Future Energy
Vancouver-based Pacific Future Energy is a company that has been developed to finance, design and construct the world’s greenest oil refinery in British Columbia, Canada. The management team consists of leaders from the venture capital, corporate and government sectors, who share the belief that while it’s in Canada’s national strategic interest to diversify its markets for oil, it should be done in a socially and environmentally responsible manner while ensuring the protection of Canada’s west coast.

About SNC-Lavalin
Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin’s employees are proud to build what matters. Our teams provide EPC and EPCM services to clients in a variety of industry sectors, including oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions.

About A-in-Chut Business Group
A-in-Chut Business Group is a First Nation business and investment group focused on supporting and empowering First Nations to create and build sustainable economic development based on rights and title. Through partnerships with First Nations, Industry, and the investment community as well as focussing on systems innovation, ABG is supporting and developing the emergence of Indigenous-driven and designed business and economic opportunities within Canada and globally.

Contacts:

Szamantha Lim, Pacific Future Energy 604-559-3611
Louis-Antoine Pacquin, SNC Lavalin: 514-393-8000 ext 54771
Heather Squire, A-in-Chut Business Group 778-772-4041

PACIFIC FUTURE ENERGY, SNC-LAVALIN ET A-IN-CHUT BUSINESS GROUP ANNONCENT LA CONCLUSION D’UN PARTENARIAT

Le 31 juillet 2015, Vancouver — Pacific Future Energy Corporation (PFEC), SNC-Lavalin (TSX: SNC) et A-in-Chut Business Group (ABG) ont le plaisir d’annoncer la conclusion d’un partenariat reposant sur un investissement de SNC-Lavalin dans une entité ad hoc des Premières Nations, contrôlée par ABG, en vue de contribuer aux travaux d’avant-projet, à l’établissement et au soutien de partenariats des Premières Nations, et d’aider au processus d’obtention de permis pour construire sur la côte Ouest canadienne la raffinerie la plus verte au monde.

« L’objectif de PFEC est de fournir un accès au marché asiatique pour le bitume tout en protégeant la côte pacifique de la Colombie-Britannique grâce à la construction de la raffinerie la plus verte au monde, en partenariat complet avec les Premières Nations », a déclaré Robert Delamar, chef de la direction. « Il faut également, à notre avis, gagner l’appui de la communauté avant de finaliser nos plans, et non après. Le fait que l’une des plus anciennes entreprises d’ingénierie au Canada accepte d’adopter une telle approche et de travailler avec A-in-Chut Business Group afin d’investir dans ce projet d’exploitation constitue un puissant vote de confiance. »

« SNC-Lavalin est heureuse de faire partie d’un projet qui répondra au besoin primordial de commercialisation des ressources canadiennes et qui mènera à la réalisation d’une raffinerie parmi les plus écoénergétiques jamais construites », a affirmé Robert G. Card, président et chef de la direction, SNC-Lavalin. « Nous sommes fiers de nous associer avec PFEC et de contribuer à l’avancement du projet en collaboration avec nos partenaires des Premières Nations. Ce projet stimulera l’ouverture des marchés asiatiques sur le secteur de l’énergie au Canada tout en procurant des infrastructures essentielles à la côte Ouest canadienne. »

La raffinerie de PFEC consistera en une installation d’exportation à l’empreinte carbone presque nulle, permettant le traitement du bitume pour en faire des produits entièrement raffinés tels que le diesel, l’essence et le carburant d’aviation, destinés aux marchés asiatiques.

« Cette raffinerie favorisera la transformation et l’innovation tant dans son approche que sur le plan technologique. D’abord et avant tout, nous reconnaissons et respectons le rôle des Premières Nations ainsi que leurs droits et titres ancestraux en ce qui concerne l’exploitation des ressources. Nous travaillerons en véritable partenariat avec les Premières Nations, à titre de Nations, pour réaliser un projet responsable et durable fondé sur nos valeurs et nos intérêts communs » a ajouté Mike Bonshor, président d’A-in-Chut Business Group.
Depuis le début et à chaque étape du projet, PFEC s’est engagée à établir de solides partenariats avec les Premières Nations afin d’assurer que tous bénéficient de leurs connaissances traditionnelles et écologiques, dans le respect de leurs droits à une consultation et à des accommodements complets, et ce, pour atteindre un but commun d’un avenir prospère et sain pour les générations futures.

À propos de Pacific Future Energy
Pacific Future Energy a son siège social à Vancouver et a été créée pour financer, concevoir et construire en Colombie-Britannique (Canada) la raffinerie de pétrole la plus verte au monde. L’équipe de gestion est composée de dirigeants des secteurs du capital de risque, des entreprises et des services gouvernementaux; ils partagent la ferme conviction qu’il est dans l’intérêt national et stratégique du Canada de diversifier ses marchés de produits pétroliers, mais qu’il faut pour cela adopter une approche responsable sur le plan social et environnemental tout en veillant à la protection de la côte Ouest canadienne.

À propos de SNC-Lavalin
Fondée en 1911, SNC-Lavalin est l’un des plus grands groupes d’ingénierie et de construction au monde, et un acteur de premier plan en matière de propriété d’infrastructures. À partir des bureaux situés dans plus de 50 pays, les membres du personnel de SNC-Lavalin sont fiers de bâtir l’avenir. Nos équipes fournissent des services d’IAC et d’IAGC aux clients dans divers secteurs, dont les suivants : pétrole et gaz, mines et métallurgie, infrastructures et énergie. SNC-Lavalin s’occupe aussi du financement et des services d’exploitation et d’entretien pour assurer une prise en charge complète des projets.

À propos d’A-in-Chut Business Group
A-in-Chut Business Group est une entreprise des Premières Nations et un groupe d’investissement axé sur le soutien aux Premières Nations pour créer et construire un environnement favorisant le développement économique durable dans le respect des droits et titres ancestraux. Grâce aux partenariats établis avec les Premières Nations, l’industrie et la communauté d’investissement et à l’importance accordée à l’innovation des systèmes, ABG contribue à l’émergence de projets économiques et commerciaux conçus et dirigés par les Autochtones au Canada et à l’étranger.

Contacts:
Szamantha Lim, Pacific Future Energy 604-559-3611
Louis-Antoine Pacquin, SNC Lavalin: 514-393-8000 ext 54771
Heather Squire, A-in-Chut Business Group 778-772-4041

Dave Coles Joins Advisory Board of Pacific Future Energy

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VANCOUVER, May 11, 2015 /CNW/ – The Hon. Stockwell Day, PC, Chair of the Advisory Board, and Senior Advisor to the management team at Pacific Future Energy Corporation (PFEC), announced today that Mr. Dave Coles, President Emeritus and founding member of Unifor, Canada’s newest and largest private sector union, has joined PFEC’s advisory board

“Dave’s extensive experience in the labour movement – especially within the Alberta energy industry – will be an invaluable asset to PFEC as we move forward with our refinery project,” Mr. Day said.

PFEC is a project development company that was founded in 2014 to open access for Alberta oil to Asian markets by building the world’s greenest refinery on the British Columbia coast in partnership with the province’s First Nations.

“I believe that the way to open up those Asian markets is by upgrading and refining Canadian bitumen in British Columbia,” Mr. Coles said.

“The approach PFEC is taking is the right one: by working with First Nations and labour as partners rather than adversaries, PFEC has a much better chance of creating the longterm jobs and prosperity Canadians – including Unifor members – want from their resources,” Coles added.

About Pacific Future Energy

Vancouver-based Pacific Future Energy is a company that has been developed to finance, design and construct the world’s greenest oil refinery in British Columbia, Canada. The management team consists of leaders from the venture capital, corporate and government sectors, who share the belief that while it’s in Canada’s national strategic interest to diversify its markets for oil, it should be done in a socially and environmentally responsible manner while ensuring the protection of Canada’s west coast.

DAVE COLES – BIO

Dave Coles is President Emeritus and a founding member of Unifor, Canada’s newest and largest private sector trade union.

Mr. Coles was previously the longest serving President of the Canadian Communications, Energy and Paperworkers union (CEP), which represented 30,000 energy workers who worked in the bitumen sands and many refineries inAlberta.

Mr. Coles has fought for many environmental causes, and led campaigns for Canada’s natural resources to be processed in Canada.  He has also spoken internationally on energy, environmental, and labour issues.

SOURCE: Pacific Future Energy Corporation

Image with caption: “Pacific Future Energy. Building our Future, Protecting our coast (CNW Group/Pacific Future Energy Corporation)”. Image available at:http://photos.newswire.ca/images/download/20150511_C5092_PHOTO_EN_16508.jpg

For further information: please contact: Szamantha Lim 604-559-3611

Day: B.C. refinery would add value to Alberta oil

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By Stockwell Day

What a difference a month makes.

In early April, media reported my comment, “watch out for Rachel Notley, head of the New Democrats. She’s a smart woman and knows what she’s doing.”

Having said that, I admit I did not anticipate she would do as well as she did. As Albertans now read the various reports of how much they have apparently lost overnight in monetary value, there is room for optimism nevertheless.

Most people agree that maximizing value for Alberta’s oil by gaining market access to the growing Asian markets is something worth pursuing. And doing so shouldn’t require taxpayer subsidies from cash-strapped governments.

This is not an easy challenge. Right now, Canada’s oil industry is entirely dependent on one customer:  the United States, where there is declining demand for our product due to increased self-sufficiency in their own market.

Alberta’s economy will continue to be at risk of losing billions of dollars every year simply because one of our most important strategic assets is increasingly stranded. Producers need another export option. The fast-growing economies in Asia are the obvious answer.

But to get there, they must go through B.C., with North America’s closest ports to Asia. So far, navigating through B.C. has been tough for industry. To get through B.C., we must recognize British Columbia — and especially First Nations in B.C. — as true partners, by demonstrating respect for them and their views about the economy and the environment.

First, we need to recognize B.C. First Nations as landowners and governments. We must recognize the true value of First Nations lands, their traditions, and their people. We must work with First Nations every step of the way — from concept to implementation — to build any resource projects on their territory.

Second, we must acknowledge British Columbia’s deep connection to the coast. British Columbians have one of the most pristine ocean coastlines in the world, and they will fiercely fight to protect it.

My father’s years as a commercial salmon fisherman in B.C. vividly underscored this for me. We saw this spirit in Vancouver, when 4,000 people immediately volunteered to help clean up after the recent spill of 14 barrels of bunker fuel in the Burrard Inlet.

Third, we must recognize that British Columbians expect real, tangible economic benefits in return for the environmental risk associated with moving oil products through their province.

Refining our bitumen before it leaves Canada’s shores addresses all three of these issues. That’s why we created Pacific Future Energy (PFEC), a company launched a year ago to address Alberta’s export challenge by building the world’s greenest refinery on Canada’s West Coast.

Building this refinery will take export tankers laden with heavy oil (diluted bitumen) off of the water, replacing them with ships carrying products such as diesel or jet fuel, which have considerably less impact on the marine environment in the case of a spill. It will also create thousands of new jobs for First Nations and non-First Nations alike from across Canada in construction and operation.

PFEC’s refinery will first be built in large, super-modules in Asia, and then shipped to tidewater for assembly in Canada. While we will maximize Canadian jobs during construction, the real opportunity is with long-term, high-paying jobs over the course of the refinery’s life.

Alberta New Democrats like the idea of building refineries in Alberta instead, but it would be much more costly to build our project inland. Moving those massive modules across the Rockies to Alberta would be impossible. Building a refinery without them would add 50 to 100 per cent to the cost of construction.

Let there be no doubt: Pacific Future Energy’s refinery will make money, provide jobs for generations, release Alberta’s stranded oil, and its business plan does not depend on subsidies.

Today, dozens of refineries in the U.S. Midwest — which are almost exclusively processing Canadian bitumen — are generating over $30 profit per barrel by refining Canadian crude into products for sale in the U.S., even with low oil prices.

It’s time to repatriate some of those profits back to Canadians. I am sure that’s something that we can all agree on.

Stockwell Day — former minister of international trade, treasurer and acting premier of Alberta, and Conservative MP for Okanagan-Coquihalla — is the chair of Pacific Future Energy’s advisory board, as well as a senior adviser to the company’s management team.

Pacific Future Energy’s future in a new oil order – BNN

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Samer Salameh, Chairman, Pacific Future Energy joins BNN’s The Street for a look at how his proposed $10 billion green bitumen refinery is bracing for a new crude reality.

Click here to view video

Pacific Future Energy Corp eyes ‘money left on the table’ for $11-billion refinery project in B.C. – Financial Post

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By Yadullah Hussain | January 26, 2015 5:56 PM ET

TORONTO • The company proposing a $11-billion heavy oil refinery in British Columbia is pushing ahead with the project despite market volatility and is seeking $25-million in financing, according to its chairman, Samer Salameh.

“We are raising $25 million and that would take us to the permitting process, which would take two to three years,” Mr. Salameh, chairman of Pacific Future Energy Corp., said in an interview Monday on the sidelines of a speech to a business audience in Toronto. “We are down to finalizing two sites on the B.C. Coast, and we will be filing for an environmental assessment by the end of this year.”

Mr. Salameh previously managed the U.S. business interests of Mexico’s Carlos Slim, the second-wealthiest investor in the world, according to Forbes magazine. The management team includes Stockwell Day, a former federal minister for the Asia-Pacific Gateway, and Shawn A-in-chut Atleo, a former national chief of the Assembly of First Nations. Mark Marissen, a political strategist and former-husband of B.C. Premier Christy Clark, is also part of the team.

The company has ambitious plans to build the world’s “near net-zero carbon emission facility and the cleanest refinery in the world,” powering it with natural gas and renewable to reduce emissions by 40%. Carbon-capture technology will further reduce emissions by 52%, the company claims.

Mr. Salameh said the technology is “proven,” but admits that it will be the first greenfield refinery of its kind in the world.

The project is hoping to capture “money left on the table” by Canadian producers. Canadian heavy crude benchmark Western Canada Select has been trading at a discount of about $19 per barrel to the U.S. West Texas Intermediate blend over the past five years. Last year, Canadian companies “subsidized” U.S. refiners to the tune of $15.9-billion, Mr. Salameh noted.

“With the first tranche of the refinery is 200,000 barrels per day, [assuming a $30 difference] this project will create $1.7-billion a year, every year for 75 to 100 years.”

Refineries have been the subject of heated discussions in Canada, as most analysts contend the facilities are uneconomic in the country, although labour unions such as the Alberta Federation of Labour believe an integrated upgrader-and-refinery plant “would be highly profitable.”

Suncor Energy Corp. and Total SA abandoned a plan to build a heavy oil refinery project in Alberta in 2013.

“It is a very valid point if the project was being built in Alberta. Nobody has seriously considered building a refinery in B.C.,” Mr. Salameh said. The 200,000-bpd proposed refinery would have cost an additional $4-billion to $5-billion in Alberta due to labour and construction costs, according to the chairman.

Pacific will commission the modules in Asia and ship them to B.C. in a bid to cut costs.

“For a refinery, you are either close to the source, or close to the market. We want to be closer to the market as Tokyo is 10 days away from B.C by ship.”

The proponent believes the project meets B.C.’s five conditions outlined last year by Premier Clark, although the company is not seeking any subsidies from the government.

The five conditions were originally designed for Enbridge Inc.’s Northern Gateway pipeline, but are being used as a template by other proponents seeking to build projects in B.C.

Canadian refineries also face strong competition from new refineries in Asia, many of which are designed to process heavy oil, such as raw bitumen from Canada.

“Clearly, they [Asian customers] would prefer us to ship raw bitumen,” Mr. Salameh said. “But for environmental reasons and resistance from communities, we don’t think that’s the right way to go. But we have not seen any issue in selling our product just because it will be refined.”

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